UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(RULE 13D-102)
INFORMATION STATEMENT PURSUANT TO RULES 13D-1 AND 13D-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. __)*
Laureate Education, Inc.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
518613104
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(CUSIP Number)
December 30, 2004
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class
of securities, and for any subsequent amendment containing information
which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of
that section of the Act but shall be subject to all other provisions of
the Act (however, see the Notes).
Page 1 of 10 Pages
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CUSIP No. 518613104 13G Page 2 of 10 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Ackerman-Walden Limited Partnership Florida Intangible Tax Trust
Dated 12/20/04
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(a) [ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [X]
Virginia Jean Ackerman and Michael Ackerman are trustees of the
Ackerman-Walden Limited Partnership Florida Intangible Tax Trust Dated
12/20/04 (the "Trust"), having joint responsibility for the disposition
of assets held by the Trust. Mrs. Ackerman also owns 12,755 shares of
Laureate Education, Inc. common stock. Mrs. Ackerman has sole voting
and dispositive authority over such shares.
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
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5. SOLE VOTING POWER
NUMBER OF
SHARES 2,487,245 Shares
BENEFICIALLY -----------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH
REPORTING 0 Shares
PERSON -----------------------------------------------------------
WITH 7. SOLE DISPOSITIVE POWER
2,487,245 Shares
8. SHARED DISPOSITIVE POWER
0 Shares
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,487,245 Shares
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
The aggregate amount excludes 12,755 shares over which Mrs.
Ackerman has sole voting and dispositive authority.
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
%5.2
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12. TYPE OF REPORTING PERSON*
OO
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Page 2 of 10 Pages
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CUSIP No. 518613104 13G Page 3 of 10 Pages
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1. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Virginia Jean Ackerman
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(a) [ ]
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [X]
Virginia Jean Ackerman and Michael Ackerman are trustees of the
Ackerman-Walden Limited Partnership Florida Intangible Tax Trust Dated
12/20/04 (the "Trust"), having joint responsibility for the disposition
of assets held by the Trust. Mrs. Ackerman also owns 12,755 shares of
Laureate Education, Inc. common stock. Mrs. Ackerman has sole voting
and dispositive authority over such shares.
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3. SEC USE ONLY
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4. CITIZENSHIP OR PLACE OF ORGANIZATION
Florida
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5. SOLE VOTING POWER
NUMBER OF
SHARES 12,755 Shares
BENEFICIALLY ---------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH
REPORTING 2,487,245 Shares
PERSON ---------------------------------------------------------------
WITH 7. SOLE DISPOSITIVE POWER
12,755 Shares
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8. SHARED DISPOSITIVE POWER
2,487,245 Shares
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,500,000 Shares
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10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
%5.2
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12. TYPE OF REPORTING PERSON*
IN
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Page 3 of 10 Pages
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CUSIP No. 518613104 13G Page 4 of 10 Pages
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13. NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael Ackerman
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(a) [ ]
14. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [X]
Virginia Jean Ackerman and Michael Ackerman are trustees of the
Ackerman-Walden Limited Partnership Florida Intangible Tax Trust Dated
12/20/04 (the "Trust"), having joint responsibility for the disposition
of assets held by the Trust. Mrs. Ackerman also owns 12,755 shares of
Laureate Education, Inc. common stock. Mrs. Ackerman has sole voting
and dispositive authority over such shares.
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15. SEC USE ONLY
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16. CITIZENSHIP OR PLACE OF ORGANIZATION
Colorado
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17. SOLE VOTING POWER
NUMBER OF
SHARES 0 Shares
BENEFICIALLY ------------------------------------------------------------
OWNED BY 18. SHARED VOTING POWER
EACH
REPORTING 2,487,245 Shares
PERSON ------------------------------------------------------------
WITH 19. SOLE DISPOSITIVE POWER
0 Shares
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20. SHARED DISPOSITIVE POWER
2,487,245 Shares
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21. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,487,245 Shares
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22. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
[X]
The aggregate amount excludes 12,755 shares over which Mrs. Ackerman
has sole voting and dispositive authority.
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23. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
%5.2
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24. TYPE OF REPORTING PERSON*
IN
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Page 4 of 10 Pages
ITEM 1(A) NAME OF ISSUER
The name of the issuer to which this filing on Schedule 13G relates is Laureate
Education, Inc. (the "Company").
ITEM 1(B) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES
The principal executive offices of the Company are located at:
1001 Fleet Street
Baltimore, Maryland 21202
ITEM 2(A) NAME OF PERSON FILING
This statement is being filed jointly by Ackerman-Walden Limited Partnership
Florida Intangibles Trust dated 12/20/04, a Florida trust (the "Trust"),
Virginia Jean Ackerman, and Michael Ackerman. All of the shares of common stock,
par value $.01 per share, of the Company that were beneficially owned by the
reporting persons were held directly by Trust, except for 12,755 shares held
directly by Virginia Jean Ackerman, as described below.
ITEM 2(B) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE
The principal business address of each of the Trust is c/o Chandelle Ventures
Inc., 24311 Walden Center Drive, Suite 300, Bonita Springs, FL 34134. The
residential address of Michael Ackerman is 15 Cherry Hills Park Drive, Cherry
Hills Village, CO 80113. The residential address for Virginia Jean Ackerman is
8477 Bay Colony Drive, Apt. 501, Naples, FL 34108.
ITEM 2(C) CITIZENSHIP
The Trust is organized under the laws of the State of Florida. Virginia Jean
Ackerman and Michael Ackerman are citizens of the United States of America.
ITEM 2(D) TITLE OF CLASS OF SECURITIES
The class of equity securities of the Company to which this filing on Schedule
13G relates is Common Stock, par value $0.01 per share ("Common Stock").
ITEM 2(E) CUSIP NUMBER
The CUSIP number of the Company's Common Stock is 518613104.
ITEM 3 IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13D-1(B) OR
240.13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: Not
applicable.
(a) [ ] Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 73c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
Page 5 of 10 Pages
(e) [ ] An investment adviser in accordance with Section
13d-1(b)(1)(ii)(E).
(f) [ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d 1(b)(1)(ii)(F).
(g) [ ] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G).
(h) [ ] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813).
(i) [ ] A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of
1940 (15 U.S.C. 80a-3).
(j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
ITEM 4 OWNERSHIP
ITEM 4(A) AMOUNT BENEFICIALLY OWNED
As of the close of business on December 30, 2004, the Trust owned 2,487,245
shares of Common Stock of the Company. Virginia Jean Ackerman and Michael
Ackerman are the trustees of the Trust and have joint voting and dispositive
power over such shares. Mrs. Ackerman also owns 12,755 shares of Common Stock of
the Company, over which Mrs. Ackerman has sole voting and dispositive authority.
ITEM 4(B) PERCENT OF CLASS
As of the close of business on December 30, 2004, the Trust owned 5.2% of the
Common Stock outstanding of the Company. Virginia Jean Ackerman and Michael
Ackerman are the trustees of the Trust. Through this relationship, each of
Virginia Jean Ackerman and Michael Ackerman may be deemed to indirectly
beneficially own 5.2% of the Common Stock outstanding of the Company.
ITEM 4(C) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS:
(i) sole power to vote or to direct the vote:
The Trust 2,487,245
Virginia Jean Ackerman 12,755
Michael Ackerman 0
(ii) shared power to vote or to direct the vote:
The Trust 0
Virginia Jean Ackerman 2,487,245
Michael Ackerman 2,487,245
(iii) sole power to dispose or to direct the disposition of:
The Trust 2,487,245
Virginia Jean Ackerman 12,755
Michael Ackerman 0
(iv) shared power to dispose or to direct the disposition of:
The Trust 0
Virginia Jean Ackerman 2,487,245
Michael Ackerman 2,487,245
Page 6 of 10 Pages
ITEM 5 OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
Not Applicable.
ITEM 6 OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
Various other persons have the right to receive or the power to direct the
receipt of dividends from, or proceeds from sale of, the securities whose
ownership is reported on this schedule. No one such other person's interest in
such securities relates to more than five percent of the class.
ITEM 7 IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:
Not Applicable.
ITEM 8 IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable.
ITEM 9 NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
ITEM 10 CERTIFICATION
By signing below, I certify that, to the best of my knowledge and belief, the
securities referred to above were not acquired and are not held for the purpose
of or with the effect of changing or influencing the control of the issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.
Page 7 of 10 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief,
I certify that the information set forth in this statement is true, complete and
correct.
Dated: December 30, 2004
ACKERMAN-WALDEN LIMITED PARTNERSHIP
FLORIDA INTANGIBLES TRUST DTD 12/20/04
By: /s/ Virginia Jean Ackerman
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Name: Virginia Jean Ackerman
Title: Trustee
By: /s/ Michael Ackerma
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Name: Michael Ackerman
Title: Trustee
/s/ Virginia Jean Ackerman
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Virginia Jean Ackerman
/s/ Michael Ackerman
----------------------------------------
Michael Ackerman
Page 8 of 10 Pages
EXHIBIT INDEX
Exhibit 1 Agreement Regarding the Joint Filing of Schedule 13G
Page 9 of 10 Pages